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Dec 2, 2013
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but when we talk about an open economy, a bottom-up economy, those are our principles. and the world they live in, open things is better than closed things. bottom-up is better than top- down. to connect in their world -- obamacare didn't fail because, hey, they just didn't happen to do this right. it failed because of the same reason that other stuff fail. it is old. it is top-down. it is factory. our principles are always fresh and new ideas if we just become about them in ways that say, hey, our principles are good for more than just saying no. we have a way to better organize society, solve problems, open school system, where parents get to actually choose the best school for their kids and you go get trapped in a failing school. an open health care system. an opened economy where you don't have political top-down decisions. those are the kind of things that will work better for you. >> i want you to join in with what we are talking about here and the positive message and the constructive way forward to but also, if you can talk about the energy revolution. so many
but when we talk about an open economy, a bottom-up economy, those are our principles. and the world they live in, open things is better than closed things. bottom-up is better than top- down. to connect in their world -- obamacare didn't fail because, hey, they just didn't happen to do this right. it failed because of the same reason that other stuff fail. it is old. it is top-down. it is factory. our principles are always fresh and new ideas if we just become about them in ways that say, hey,...
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Dec 2, 2013
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they focused on global economy to business investment. u.s. trade representative michael froman was one of the speakers. trade ed about the u.s. deals including the transpacific the ership agreement and transalantic partnership with europe. this is a little more than 20 minutes. >> good morning. i appreciate you joining us, ambassador. there's lots to talk about. massive agreements being negotiated in asia and europe. that in a timeay of political paralysis, the an nistration is taking aggressive tone on trade. >> what we have the most vicious now.e agenda right the transpacific partnership, 12 transalantic creative investment partnership, when two, we'llwith those have free trade with 65% to 0% of the global economy. we have three negotiations going on right now in geneva, on trade facilitation, on the elimination barriers, on the technology products and on services. thehere's a lot going on in trade side. and what we achieve these agreements and get them approved congress, it will position the u.s. very well as being a place where people wan
they focused on global economy to business investment. u.s. trade representative michael froman was one of the speakers. trade ed about the u.s. deals including the transpacific the ership agreement and transalantic partnership with europe. this is a little more than 20 minutes. >> good morning. i appreciate you joining us, ambassador. there's lots to talk about. massive agreements being negotiated in asia and europe. that in a timeay of political paralysis, the an nistration is taking...
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Dec 7, 2013
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overall, these trends are encouraging news for families and our economy. they feel more secure in their own budgets. businesses spend less on healthcare they can hire more workers. the past 45 months as you know, businesses here in the united states have created more jobs.00,000 new which is a perfect segue to something i just wanted to note. today, information that was released earlier this morning is jobs day and figures on job creation in november were announced. i think it is worth noting when you look at this graph, not only was the economy in freefall, job loss was terrible at the end of 2008 and early 2009 when president obama took office, and not only has the trajectory been consistently in the right direction, if you will note when we first began positive job creation in the wake of the great recession, it was right around when the affordable care act passed. this is obviously not a direct correlation. but we are moving in the right direction. the information i cited in the beginning about the positive effects of the affordable care act on reducin
overall, these trends are encouraging news for families and our economy. they feel more secure in their own budgets. businesses spend less on healthcare they can hire more workers. the past 45 months as you know, businesses here in the united states have created more jobs.00,000 new which is a perfect segue to something i just wanted to note. today, information that was released earlier this morning is jobs day and figures on job creation in november were announced. i think it is worth noting...
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Dec 7, 2013
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the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic growth. if i had to pick one thing, i would agree with what john had to say. what's the comparative advantage. how do we grow this economy in a competitive world. in particular, how do we empower, again, not just give, citizens through hardwork and thrift and all those things to enjoy the fruits of the growth, particularly the third that aren't getting the education. the kids, let's say, that aren't quality of education we need to be economically an innovative global economy. that's what i would focus on. more ect you're a little concerned
the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic...
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Dec 10, 2013
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they are not doing anything to improve the economy. last week, walmart opened in the district, 560 jobs were advertised, 23,000 people showed up to apply for 560 jobs. there are no jobs. upper marlboro, maryland. approximately 1.3 million extendedre receiving unemployment insurance benefits and they are set to lose them at the end of the year if congress does not act. three point 6 million additional people will lose access to benefits beyond 26 weeks by the end of 2014. those according to a report released last week by the president's council of economic advisers. the was the topic of editorial in today's "wall street journal." employedep workers on is the headline. another extension will not create more jobs says the editorial board of "the wall street journal." it ends saying the current system raises payroll taxes on employers even as 20 million americans are still unemployed or underemployed. none of this will help the economy create more jobs. say's "walll and street journal." we want to hear your thoughts. we have a special line
they are not doing anything to improve the economy. last week, walmart opened in the district, 560 jobs were advertised, 23,000 people showed up to apply for 560 jobs. there are no jobs. upper marlboro, maryland. approximately 1.3 million extendedre receiving unemployment insurance benefits and they are set to lose them at the end of the year if congress does not act. three point 6 million additional people will lose access to benefits beyond 26 weeks by the end of 2014. those according to a...
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Dec 8, 2013
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people of iran are concerned that their economy is in shambles. that puts pressure on the regime to change their behavior. does it put enough pressure to change it to the degree we need? that i remain skeptical of. we have to pursue this path. what is the alternative? the sanctions have not stopped them from moving forward with their nuclear program. if we simply say "we are going to continue harsher sanctions," it is not going to change that equation. we hope it changes it under the pressure. you're asking for a prediction. i am going to remain very skeptical until we see some concrete steps by the iranian people. if you told me two months ago that iran would agree to what they agreed to in regard to stopping development, i would have been skeptical of that, too. they did agree to that. we will see what the future holds. >> does the failure to reach an agreement create war? if in six months we do not reach in agreement on the program, does that set off the fuse toward war? everybody has been beating this drum. president obama threw water on it tw
people of iran are concerned that their economy is in shambles. that puts pressure on the regime to change their behavior. does it put enough pressure to change it to the degree we need? that i remain skeptical of. we have to pursue this path. what is the alternative? the sanctions have not stopped them from moving forward with their nuclear program. if we simply say "we are going to continue harsher sanctions," it is not going to change that equation. we hope it changes it under the...
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Dec 9, 2013
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how do we grow this economy in a competitive world. in particular, how do we empower, again, not just give, but empower our citizens through hardwork and thrift and all those things to enjoy the fruits of the growth, particularly the third that aren't getting the education. the kids, let's say, that aren't getting the quality of education we need to be economically relative in an innovative global economy. that's what i would focus on. i suspect you're a little more concerned about the rising oceans than we are in indiana, kind of put that on the -- on the list. but that would be my take on it. >> i joined no labels two years ago. i'm a paying member of no labels. democrat representing a republican area. redistricting got worse. 60% republs. and my first election was 2005. my slogan was uniting the middle. that's still my slogan. my margins keep getting better. i think i appeal to the people in my community. one of my comments use talk about your vision is i've been thinking, now there is abeffort to get more state legislators, i'm thr
how do we grow this economy in a competitive world. in particular, how do we empower, again, not just give, but empower our citizens through hardwork and thrift and all those things to enjoy the fruits of the growth, particularly the third that aren't getting the education. the kids, let's say, that aren't getting the quality of education we need to be economically relative in an innovative global economy. that's what i would focus on. i suspect you're a little more concerned about the rising...
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Dec 4, 2013
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including a collapsing economy in 2007. he has had enormous problems. in the midst of that, he has by the country back up. we have increasing numbers of people employed and we have a functioning health care plan that is getting off the ground in terms of the launch. when we focus on all the problems, not to see what the president is actually a commission. it is easy to snap your fingers and have people look and not see what his other hand has been doing. unemployment is down, not all the way down, but it is getting there. basically, the economy is coming back. .e has done a remarkable job i can see things i would have had him do differently or talk more about or whatever. that overall we are in a much better position than we were when george bush left. twitteralthcare.gov's handle the white house has created tweeted this about half hour ago. 00 visits to healthcare.gov yesterday, site stable. what do you make of this? guest: sounds like progress to me. they are getting almost one million people a day coming in. between now and the first of the year, the
including a collapsing economy in 2007. he has had enormous problems. in the midst of that, he has by the country back up. we have increasing numbers of people employed and we have a functioning health care plan that is getting off the ground in terms of the launch. when we focus on all the problems, not to see what the president is actually a commission. it is easy to snap your fingers and have people look and not see what his other hand has been doing. unemployment is down, not all the way...
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Dec 9, 2013
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the prime minister and other members of the house economy where there. this is one hour and a half. >> order. order. the house will wish to know how we proceed today. the questions will be carried over. office will announce consequential changes shortly. this is a special day for special tributes to a special .tatesman, nelson mandela i hope that as many members as possible will be able to contribute. contributions will continue until 10:00 p.m.. the house will also wish to know that there will be an event to commemorate and celebrate the life and achievements of nelson mandela taking place in westminster hall on thursday the 12th of december. >> thank you, mr. speaker. >> nelson mandela was a towering figure in our lifetime. we are here to celebrate his character, his achievements, and his legacy. condolence books have been organized. tos evening we will fly south africa to attend the service and johannesburg. and his royal highness, the prince of wales, will be there for the funeral. his family, his friends, and the millions in south africa, and those
the prime minister and other members of the house economy where there. this is one hour and a half. >> order. order. the house will wish to know how we proceed today. the questions will be carried over. office will announce consequential changes shortly. this is a special day for special tributes to a special .tatesman, nelson mandela i hope that as many members as possible will be able to contribute. contributions will continue until 10:00 p.m.. the house will also wish to know that...
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Dec 5, 2013
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cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on c-span, washington journal looks at the mission and role of the national institutes of health, starting live at 7:30 eastern. :30.:00, followed at 8 at 9:00, national cancer institute director. at nine: 30, a look at the national institute of mental health among all with your calls and comments, live on c-span. >> from age eight, betty ford knew she wanted to do something with dance. plays and skits and to bennington, vermont, where she studied at the school of dance. these are some of her notecards from her spiral mode books where she kept no
cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on...
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Dec 2, 2013
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we live in an economy that is growing what? 1% a year? it is hard to gain confidence in all of this. what is it? we live in this environment that is hard for young people to get engaged in these financial kind of thinking and decisions. we live in an environment where few people understand but money is. the federal reserve is paying millions of dollars per month. is that money? how does that affect us? what is that stuff? this paper that we carry around? what does it represent? where does it come from? what is money? what is this stuff? purchasing power. this allows me to buy stuff. why is this cool? who invented this? it wasn't the federal reserve. money predates the fed reserve a little bit. in the really old days before i was born, what did we do when there was no money? you bought it. i will trade my cows for your chickens. not a good way of doing stuff. we come up with something, something that facilitates trading between chickens and cows. half a cow is not worth half a cow if it is dead. not very useful. bartering is a cumbersome a
we live in an economy that is growing what? 1% a year? it is hard to gain confidence in all of this. what is it? we live in this environment that is hard for young people to get engaged in these financial kind of thinking and decisions. we live in an environment where few people understand but money is. the federal reserve is paying millions of dollars per month. is that money? how does that affect us? what is that stuff? this paper that we carry around? what does it represent? where does it...
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Dec 8, 2013
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the economy is growing almost at an average of 5.0%. we have been creating jobs for 14 months in a row. we had a performance of 40 months, month after month, the unemployment rate was going down. we can say that very proudly colombia has created more jobs than any other country in latin america, including brazil. this is something which i think is very important. the jobs that we have been creating for the first time our formal jobs instead of informal jobs. we have put in place specific and focused public policies and ,aken action to fight poverty extreme poverty. peru,sides through -- which has been the country that has performed better in this are theafter peru we best performer in the whole region in terms of decreasing poverty. and also against extreme poverty we have put in place specific actions and we have been able to take on extreme poverty more than one million -- for more than one million colombians. one of the big problems that we bottlenecks for a sustainability in the long run was how unequal the country was. the social i
the economy is growing almost at an average of 5.0%. we have been creating jobs for 14 months in a row. we had a performance of 40 months, month after month, the unemployment rate was going down. we can say that very proudly colombia has created more jobs than any other country in latin america, including brazil. this is something which i think is very important. the jobs that we have been creating for the first time our formal jobs instead of informal jobs. we have put in place specific and...
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Dec 6, 2013
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are we going to have a progrowth, pro-investment, pro- middle-class economy? or are we going to keep having this trickle-down austerity economy? that is the real question here. in both places there is going to be a lot of lawsuits. the last thing i will say that illinois this as well, and why i think illinois in particular is political as opposed to economic. last year, the unions in illinois, led by the illinois federation of teachers, the unions in illinois actually negotiated with the state senate a pension package that created roughly the same amount. that package went nowhere. instead, this one, which is actually taking -- remember what i said about most of these folks have no social security. this is now basically cutting annual cost-of-living increases that retirees had going forward. i am sorry, the illinois number is about 100,000. >> we will go to another question. your hand signal is so subtle. we will go to you after this. >> on the same subject, do you have an idea of some other countries and their collective responsibilities on retirement? everyo
are we going to have a progrowth, pro-investment, pro- middle-class economy? or are we going to keep having this trickle-down austerity economy? that is the real question here. in both places there is going to be a lot of lawsuits. the last thing i will say that illinois this as well, and why i think illinois in particular is political as opposed to economic. last year, the unions in illinois, led by the illinois federation of teachers, the unions in illinois actually negotiated with the state...
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Dec 9, 2013
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the economy. the income equality has been rising and increasing. i think this is a real problem. stagnant wages and income growth is not keeping pace. budget there are federal policies that can address that. i am not the economists i -- ably should not when those on our line for democrats. -- wendell is on the line for democrats. the problem is -- inment has overspent could balance the budget probably in 10 days. our overpaid politicians cannot do that. in the meantime they are sending the jobs overseas. why we do not have any insurance. 's jobs went overseas and we don't have the health insurance to pay for. host: your thoughts he e -- your thoughts? guest: rising health care costs are problem -- are a problem all the way around. we are going through a restructuring of the health care system now with the affordable care act. we are going to have to see how that plays out. your first comment, i agree with it. we have a structural imbalance between what we spend and what we take in. not making the
the economy. the income equality has been rising and increasing. i think this is a real problem. stagnant wages and income growth is not keeping pace. budget there are federal policies that can address that. i am not the economists i -- ably should not when those on our line for democrats. -- wendell is on the line for democrats. the problem is -- inment has overspent could balance the budget probably in 10 days. our overpaid politicians cannot do that. in the meantime they are sending the jobs...
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Dec 8, 2013
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. >> i think over the next year the us economy will be better. >> i hear that it is supposed to be improving but i can't tell you how many people around me are unemployed and struggling. >> the federal deficit affects just because way everything is related to everything and it trickles down. >> it is more difficult to get salary and benefits. of ae most likely impact federal deficit is fewer job opportunities. >> hopefully in my lifetime it see for mytter but i children if it continues to go the way is in this world they're going to have it rough. >> the shutdown definitely affected many people in this country. >> if we lose trust or a sense of security -- >> i think the ederal shutdown means that find optimism for america based on the fact that we persevere and keep going. we don't give up and we stick together. i think that will get us through. >> there's a lot of negative news about the country going downhill, but the american spirit is so positive and you can always find the silver lining. it is who we are as people. we can't really focus on anything negative. you know what? that is what
. >> i think over the next year the us economy will be better. >> i hear that it is supposed to be improving but i can't tell you how many people around me are unemployed and struggling. >> the federal deficit affects just because way everything is related to everything and it trickles down. >> it is more difficult to get salary and benefits. of ae most likely impact federal deficit is fewer job opportunities. >> hopefully in my lifetime it see for mytter but i...
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Dec 4, 2013
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and china represent the world's largest economies, the world largest energy consumers, and the world's largest emitters of carbon pollution. i would rather not be the largest energy consumer or the largest emitter of carbon pollution, but since we are, we are going to get together and talk. we know there is economic competition between the two nations. that is healthy. but we do share the same climate and the same level of concern about a changing climate. i think we are well positioned to begin work together in a more concerted effort to move forward, to build on what i think of as 30 years of significant cooperation and partnership between our countries already. let me highlight the fact that one of the opportunities when i go to china is to build on the fact that epa and the ministry of environmental protection in china have had a deep and strong relationship. they know they are facing á1m they have known that for some time. we know that as well. for the past 15 years, we have been working with them in depth on working to address their air quality challenges. it is now very clear t
and china represent the world's largest economies, the world largest energy consumers, and the world's largest emitters of carbon pollution. i would rather not be the largest energy consumer or the largest emitter of carbon pollution, but since we are, we are going to get together and talk. we know there is economic competition between the two nations. that is healthy. but we do share the same climate and the same level of concern about a changing climate. i think we are well positioned to...
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Dec 7, 2013
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we have to have a bucket as opposed to just continuing resolutions to keep the most important economy in the world going. you got to have immigration reform. you have to have a competitive tax code. you have to do something about debt and education. this is all about problem solving. so no labels being at the sweet spot of where i think where the american people are and where they will be in the next couple of election cycles will therefore be in a place where most elected officials are going to want to be, not because it's the right thing politically, but because it's the right thing for this country. >> senator, you served in the senate for over a decade. how did things change when you were serving and how useful would a group like no labels have been early in the career or if they changed towards the end of the career in the senate? >> that's a good question. the senate has changed dramatically in the last 13 or 14 years. it's changed. it's just a completely different universe since my father's time. i'll tell you a story. it was 1968, my father was running for the first re-electio
we have to have a bucket as opposed to just continuing resolutions to keep the most important economy in the world going. you got to have immigration reform. you have to have a competitive tax code. you have to do something about debt and education. this is all about problem solving. so no labels being at the sweet spot of where i think where the american people are and where they will be in the next couple of election cycles will therefore be in a place where most elected officials are going...
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Dec 10, 2013
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and the crash of the american economy. caused by agreed, wall street agreed principally, and agreed of others, to be sure. -- and greed -- caused by greed. wall street greed principalably, and greed of others, to be sure. keep in mind the moral compass of franklin delano roosevelt. the test of our progress is not whether we add more to the abundance of those who have much, it's rather whether we provide enough for those who have too little. december 28 is coming. today is the 10th of december. 18 days. just after christmas, three days after christmas. days after the holidays. 1.7 million americans are going to lose their unemployment insurance. and, since the farm bill hasn't been brought to the floor, the question of what kind of cuts will be made in the farm programs specifically for the food programs. it's not the loafers that are out there, although there are some. it's the men and women that stood in line waiting for a job in my district. last friday. stood in line at representative edwards' job fair here in maryland
and the crash of the american economy. caused by agreed, wall street agreed principally, and agreed of others, to be sure. -- and greed -- caused by greed. wall street greed principalably, and greed of others, to be sure. keep in mind the moral compass of franklin delano roosevelt. the test of our progress is not whether we add more to the abundance of those who have much, it's rather whether we provide enough for those who have too little. december 28 is coming. today is the 10th of december....
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Dec 9, 2013
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in part because the economy is it is a little bit more strong. as a result that extends the time in which the treasury department can do things -- at some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in spring or the beginning of the summer. then you are going to get the debate over -- we should look at tax hikes, changes in entitlement. it is hard to see how they are going to get any agreement on those areas. particularly in election year. host: the house is expected to adjourn for the year on friday and the senate shortly after. a lot of high-profile legislation still hanging in the balance. it is the list of what is likely to make it through the 113th congress. caller: i think the only thing that is likely to get through is the defense authorization act. we will see what gets included. one thing we will be watching is to see whether any legislation sanctioning iran is added to that bill. the administration is doing everything it can to prevent co
in part because the economy is it is a little bit more strong. as a result that extends the time in which the treasury department can do things -- at some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in spring or the beginning of the summer. then you are going to get the debate over -- we should look at tax hikes, changes in entitlement. it is hard to see how they are going to get any agreement on...
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Dec 9, 2013
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. >> the wireline world is the system ofrculatory our economy. it is the veins and the arteries that connect what is now the information economy in the u.s. data traffic on our wireline networks increase at 40% per year. it is wireline networks that connect communication, whether they originate in a wireline or wireless environment. america's future is a wireline future. >> u.s. telecom head walter mccormick much night on the communicators at 8:00 p.m. eastern on c-span2. >> i got upset with the president. covered my mental health meetings ist few had, and then they never showed up. i was walking in the white house and met this woman who was a press person. you do not ever cover my meetings. she said mental health is not a issue. but we found out what was needed and developed legislation. we passed the mental health systems act of 1980. through congress one month before jimmy, as he says, retired fromrily the white house. the incoming president put it on a shelf and never implemented it. it is one of the greatest disappointments in my life. atros
. >> the wireline world is the system ofrculatory our economy. it is the veins and the arteries that connect what is now the information economy in the u.s. data traffic on our wireline networks increase at 40% per year. it is wireline networks that connect communication, whether they originate in a wireline or wireless environment. america's future is a wireline future. >> u.s. telecom head walter mccormick much night on the communicators at 8:00 p.m. eastern on c-span2. >> i...
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Dec 7, 2013
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their economy contracted by five percent. it is precisely because of the international sanctions and the coalition we were able to build that the iranian people responded by saying we need a new direction. and that's what brought president rouhani to power. he was not necessarily the first choice of the hardliners inside of iran. now, that doesn't mean that we should trust him or anybody else inside of iran. this is a regime that came to power swearing opposition to the united states, to israel, and to many of the values that we hold dear. but what i've consistently said is even as i don't take any options off the table, what we do have to test is the possibility that we can resolve this issue diplomatically. and that is the deal that, at the first stages, we have been able to get done in geneva, thanks to some extraordinary work by john kerry and his counterparts in the p5-plus-1. so let's look at exactly what we've done. for the first time in over a decade, we have halted advances in the iranian nuclear program. we have not
their economy contracted by five percent. it is precisely because of the international sanctions and the coalition we were able to build that the iranian people responded by saying we need a new direction. and that's what brought president rouhani to power. he was not necessarily the first choice of the hardliners inside of iran. now, that doesn't mean that we should trust him or anybody else inside of iran. this is a regime that came to power swearing opposition to the united states, to...
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Dec 8, 2013
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president dealing with war and the economy. mom was still wet health issues that affected a lot of people. >> did y'all know she was having some of the issues while she was first lady? >> i think we sensed something during the presidency because she had legitimate pain from several pinched nerves and she was getting medication. what we did not know was the combination of alcohol and those medications produce that cocktail that took away some of her sharpness. eventually, it had to play out. it had to get to the other side of the presidency where it created a time for mom after the presidency where she was not first lady. she was out in california. dad was traveling a lot. they were building a new home and the kids were all gone. over months, she developed a melancholy that turned into depression, pulled back from life and started canceling appointments and not showing up. sleeping in late. slurred speech. that takes months and we did not know what we were looking at. we were like millions of other families. what is wrong with m
president dealing with war and the economy. mom was still wet health issues that affected a lot of people. >> did y'all know she was having some of the issues while she was first lady? >> i think we sensed something during the presidency because she had legitimate pain from several pinched nerves and she was getting medication. what we did not know was the combination of alcohol and those medications produce that cocktail that took away some of her sharpness. eventually, it had to...
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Dec 7, 2013
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economy. if you are under 30 -- up next is mike from sun city california. i put this all on barack obama. it is his philip -- it is his philosophy in terms of growing government is causing all this anguish. this is coupled with obamacare, which is a total nightmare. i premium has gone up. this is ridiculous. what is usually created is the new underclass, the educated poor. the man does not care about free enterprise. wants government in charge of everything. it is a different philosophy than a republican would have. that if romney were elected, we would be coming out of this by now. with all this government regulation and the government goes -- the government knows best and comes first, as sky has never worked hard. arrogant,most polarizing, racist president we have ever had. the only people making excuses for him are the morally weak and politically correct liberal white apologists and the plaque -- and the black racists in the name of political correctness. everyone else is realistic enough
economy. if you are under 30 -- up next is mike from sun city california. i put this all on barack obama. it is his philip -- it is his philosophy in terms of growing government is causing all this anguish. this is coupled with obamacare, which is a total nightmare. i premium has gone up. this is ridiculous. what is usually created is the new underclass, the educated poor. the man does not care about free enterprise. wants government in charge of everything. it is a different philosophy than a...
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Dec 2, 2013
12/13
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economy. she testified that the system's in heration is essential association strongly recommends that they be renewed before it expires. the committee received a letter signed by digitalglobe and virgin galactic and lockheed that amt 2 -- advocated the renewal the system to keep the u.s. competitive in the global market. separatemmittee held a hearing and heard from the federal aviation administration, the government accountability office, -- at this hearing, frank slazer summed up his trade -- many forstating launch providers competing against u.s. companies already benefit from generous identification roles. we cannot be allowed to force away highly skilled technical jobs to foreign countries. nonrenewal could impede new -- new u.s. interests of the commercial launch market and discourages future launch innovation and investment. without a little playing field, new u.s. interests could find it highly undesirable to begin their good -- the business ventures in the united states. the faa has
economy. she testified that the system's in heration is essential association strongly recommends that they be renewed before it expires. the committee received a letter signed by digitalglobe and virgin galactic and lockheed that amt 2 -- advocated the renewal the system to keep the u.s. competitive in the global market. separatemmittee held a hearing and heard from the federal aviation administration, the government accountability office, -- at this hearing, frank slazer summed up his trade...
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Dec 4, 2013
12/13
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economy. the relatively small amount in the recovery act for infrastructure created many jobs because there's a strong multiplier effect. about 36,000 jobs for each $1 billion invested. and these are family wage jobs all across america that aren't going to be outsourced overseas. in less than a year, the transportation bill expires and absent congressional action we face a precipitous drop in transportation funding, a reduction of 30% overall for the next decade. to be this way. i'm proposing we implement the three-step 15 cent gallon tax ncrease that was part of the simpson-bowles deficit reduction proposals. communities and industry need some certainty, especially for larger projects that are multistate and multiyear. and this should be the last federal gas tax increase. over the next 10 years, we need to replace funding for transportation that's based on gallons of fuel consumed, which is going to be declining, with something more sustainible. a reasonable adjustment now and a permanent fix
economy. the relatively small amount in the recovery act for infrastructure created many jobs because there's a strong multiplier effect. about 36,000 jobs for each $1 billion invested. and these are family wage jobs all across america that aren't going to be outsourced overseas. in less than a year, the transportation bill expires and absent congressional action we face a precipitous drop in transportation funding, a reduction of 30% overall for the next decade. to be this way. i'm proposing...
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Dec 5, 2013
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we are an innovation economy. the drive to create and tinker is what motivates americans to innovate. those innovations should be rewarded and those innovators should be rewarded for their labor and contribution to society. that's the whole point of the patent system. but if this bill becomes law, patent owners and inventors will be unable to enforce their patents without risking personal bankruptcy. i've long supported reform and am a friend of the innovation economy, but today i call on my colleagues to support this amendment. i yield back. the chair: the gentleman's time has expired. the gentleman from virginia is recognized. mr. goodlatte: mr. chairman, i yield one minute to the gentleman from pennsylvania, mr. marino, the vice chairman of the courts, the internet and intellectual property subcommittee. the chair: the gentleman from virginia -- i'm sorry, the gentleman from pennsylvania is recognized for one minute. mr. marino: thank you, mr. chairman. thank you, mr. speaker. i oppose this substitute and i'll
we are an innovation economy. the drive to create and tinker is what motivates americans to innovate. those innovations should be rewarded and those innovators should be rewarded for their labor and contribution to society. that's the whole point of the patent system. but if this bill becomes law, patent owners and inventors will be unable to enforce their patents without risking personal bankruptcy. i've long supported reform and am a friend of the innovation economy, but today i call on my...
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Dec 3, 2013
12/13
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that will have a long-term .mpact on the economy this believe that we have to get out of opportunity sharing into success sharing that has driven much of what i talk about on education. if you start to think about that, it changes your whole view of education. situation with a one of the largest achievement gaps along racial lines. that is the reality in connecticut. we have high highs and very low lows. needed to do something about that. we need to hold ourselves accountable for what we are doing. by the political leaders -- i have to say that i am envious of teachers. , the ability to impact isng people and the families this unbelievable gift that many have accepted as their calling. none of us are perfect, the reality is the state of connecticut is filled with teachers working very hard to get it right. they are demonstrating a , alingness to change beingental change embraced in the state of connecticut. we have to realize that teachers need the resources to be ready to do what they have to do. we are asking a lot more of them and it is one of the reasons why in the state of conne
that will have a long-term .mpact on the economy this believe that we have to get out of opportunity sharing into success sharing that has driven much of what i talk about on education. if you start to think about that, it changes your whole view of education. situation with a one of the largest achievement gaps along racial lines. that is the reality in connecticut. we have high highs and very low lows. needed to do something about that. we need to hold ourselves accountable for what we are...
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Dec 4, 2013
12/13
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it will be good for our economy. it will be good for our families. [ applause ] number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they're found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of plants packing up, land-locked rural areas where young folks oftentimes feel like they've got to leave just to find a job. they're communities that just aren't generating enough jobs anymore. so we put forward new plans to help these communities and their residents because we've watched cities like pittsburgh or my hometown of chicago revamp themselves. if we give more cities the tools to do it, not handouts but a hand up, cities like detroit can do it too. so in a few weeks, we'll announce the first of these promise zones, urban and rural communities where we'll support local efforts focused on a national goa
it will be good for our economy. it will be good for our families. [ applause ] number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they're found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of plants packing up, land-locked rural areas where young folks oftentimes feel like...
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Dec 6, 2013
12/13
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or thecare about health economy, because when nih does is a wonderful support of the economy with a remarkable return on investment in all of those grants that are going out to all 50 states, we get something like you to fold return in ln the first year. this case is so strong, it has to win the day. whoof the young scientists are listening, hang in there. we are going to get through this. host: for more information on largestch has the hospital dedicated to clinical research, more than 23,000 unique patients in 2013. i want to follow-up on her point. she is studying narrow science. you said that is -- neuro science. the human brain is the most complicated structure in the universe. -- the ability to make sense out of that has seemed out of reach for most of the time that we have been studying neuroscience and biology. president obama announced a new step in that direction. the human brain initiative, which aims a combination of research from nih, nsf, darpa, private foundations, from companies working with the international community to try to figure out how the circuits in the brain work. th
or thecare about health economy, because when nih does is a wonderful support of the economy with a remarkable return on investment in all of those grants that are going out to all 50 states, we get something like you to fold return in ln the first year. this case is so strong, it has to win the day. whoof the young scientists are listening, hang in there. we are going to get through this. host: for more information on largestch has the hospital dedicated to clinical research, more than 23,000...
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Dec 7, 2013
12/13
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one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and a
one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be...
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the economy's picking up. you can actually handle these cots to some extent without leading to layoffs. at this point, it would do -- let's say oil prices when they went from $40 a barrel to $150 before the recession. prices go up ultimately. walmart doesn't make enough profits to give everybody a $6 raise across the hour. there's not enough profits there. they're going to pass on the cost. so ultimately this is all going to be paid for by the consumer. the margin won't even change that much at a walmart. you're going to see mcdonald's get rid of the dollar menu is what's going to happen. is that a better scenario? it might be. that urconsumers have to pay mo and buy less. but that's what the result is going to be. >> tracy. >> if you go through the payroll cost increases, howo you offset it, if you're not selling more burgerings. i don't ca that the economy's turning around, people are still struggling. if you don't bring in more revenue, you offset the payroll cost. people who own the place are going to hire
the economy's picking up. you can actually handle these cots to some extent without leading to layoffs. at this point, it would do -- let's say oil prices when they went from $40 a barrel to $150 before the recession. prices go up ultimately. walmart doesn't make enough profits to give everybody a $6 raise across the hour. there's not enough profits there. they're going to pass on the cost. so ultimately this is all going to be paid for by the consumer. the margin won't even change that much at...
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Dec 3, 2013
12/13
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the economy is making a comeback. thanks for joining us. >> straight ahead, from the results of holiday shopping to its origins, how did cyber monday start. why are the 12 days of christmas gifts more expensive. later spacex seemed like the wave of the future. why are they having a hard time getting off the ground? >> today's data dive shops up a storm to find out how much the 12 days of christmas will cost you. if your true love from to give you to you 12 drummers drum, 11 pipers piping and so on, your true love would be broke $27,000 broke. that's up 8% over last year's costs according to the p&c christmas price index. you ask people to look this stuff up. if your true love from to buy. all: the items in -- all the items in august. $115,000 - you'd have to declare bankruptcy. that's way above inflation. over the 30 years the index was calculated it averaged the same as the u.s. inflation rate. what is responsible for the jump in prices? union costs. the eight maids amilking or nine laties dancing are more expensive
the economy is making a comeback. thanks for joining us. >> straight ahead, from the results of holiday shopping to its origins, how did cyber monday start. why are the 12 days of christmas gifts more expensive. later spacex seemed like the wave of the future. why are they having a hard time getting off the ground? >> today's data dive shops up a storm to find out how much the 12 days of christmas will cost you. if your true love from to give you to you 12 drummers drum, 11 pipers...
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Dec 9, 2013
12/13
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LINKTV
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many analysts now talk about mexico as the next tiger economy, or leopard economy, because there are no tigers in mexico. economic principle tells us that free trade or at least freer trade will mean lower consumer prices and in the long-term, job security and a stable, competitive economy. but in the real world, the short-term world, all of us and our elected officials find it hard to turn away from the plight of those whose jobs are threatened by competition from abroad, no matter how fair that competition. for "economics usa" this is david schoumacher. annenberg media ♪ annenberg media ♪ gold was the standard agait which most of the world valued its currency. why would the united states break from the gold standard in 1933? in 1944, world leaders designed a blueprint for a new international monetary order, a plan dependent upon the strength of the american dollar. what led to the collapse of the heralded bretton woods agreements?
many analysts now talk about mexico as the next tiger economy, or leopard economy, because there are no tigers in mexico. economic principle tells us that free trade or at least freer trade will mean lower consumer prices and in the long-term, job security and a stable, competitive economy. but in the real world, the short-term world, all of us and our elected officials find it hard to turn away from the plight of those whose jobs are threatened by competition from abroad, no matter how fair...
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Dec 5, 2013
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but the economy is growing. however almost all of the money that's being made is going to the very rich. since 2009 the income of the top 1% grew by 31%. money is being made, but only for about a million and a half people here. yet for everyone else, 99% of the population, their salaries have barely moved in four years, less than 1%. the richest are taking home the most since the 1920s. why? some suggest years of tax cuts for the wealthy, the growth of the finance and technology companies, led to wall street fat cats and techies. computers and robots have taken a lot of the jobs since the 1970s. the minimum wage is $7.25 an hour. president obama has suggested to bump it up to about $10 an hour. one study suggests the minimum wage should be really closer to $22 an hour. overall improvements in the economy are not being felt by most people which concerns the president who worries the american dream of working to a better life may be turning to just that: a dream. >> jonlt, thank you. the struggling economy has som
but the economy is growing. however almost all of the money that's being made is going to the very rich. since 2009 the income of the top 1% grew by 31%. money is being made, but only for about a million and a half people here. yet for everyone else, 99% of the population, their salaries have barely moved in four years, less than 1%. the richest are taking home the most since the 1920s. why? some suggest years of tax cuts for the wealthy, the growth of the finance and technology companies, led...
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Dec 8, 2013
12/13
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and that efforts to stimulate the economy, to get the economy gogoing, was resisted almost evy step of the way. >> people e buyi american cars. the ford motor company. >> we had to rescue the auto industry. a number of basic thgs had to happ. people did suffer. and now we are recovering. it is not as though nothing was going on. that everything was hunky-dory and on his watch things went down. that is not the case. >> senor elizabebeth warren was talkinabout a $22 an hour minimum wage and expanding social security. >> why stop at $22? $50. if you are going to thk macally,y, think big. preposterous. the idea you can create wealth by legislating it. not going to happen. >> you can create a decent floor. it may not be $22 an hour. if you have people earning more money, they will spend more money. >> yes.. and ifou have industries wherere you raise the wage beyond what they can sustain, you get a loss of employment. it is a law of nature. the real problem is teenagers. 98% of people who work full-time make above the minimum wage. the problem is that those making the minimum wage, five out
and that efforts to stimulate the economy, to get the economy gogoing, was resisted almost evy step of the way. >> people e buyi american cars. the ford motor company. >> we had to rescue the auto industry. a number of basic thgs had to happ. people did suffer. and now we are recovering. it is not as though nothing was going on. that everything was hunky-dory and on his watch things went down. that is not the case. >> senor elizabebeth warren was talkinabout a $22 an hour...
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Dec 4, 2013
12/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses discover card. hey! so i'm looking at my bill, and my fico® credit score's on here. yeah, you've got our discover it card, so you get your fico® score on your monthly statements now, for free! that's nice of you! it's a great way to stay on top of your credit, and make sure things look the way they should. awesomesauce! huh! my twin sister always says that. wait...lisa? julie?! you sound really different on the phone. do i sound pleasant? for once in your life you sound very pleasant. at discover, we treat you like you'd treat you. free fico® credit score. get the it card at discover.com. but add brand new belongings from nationwide insurance and we won't just giv
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses discover card. hey! so i'm looking at my bill, and my fico® credit score's on here. yeah, you've got...
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Dec 9, 2013
12/13
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MSNBCW
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they only care with foreign policy as it connects to the economy. if anything, her time at state will benefit her. if you can picture her on the debate stage with chris christie, who doesn't have any foreign policy experience. if you look at it that way, i think it only benefits her. i think benghazi is not going to define her legacy long term. >> speaking of benghazi, there's something we need to compare, the two secretaries of state that preceded her, you find they had several ben gazdyes and it's worth noting there were 13 throughout bush's tenure. the other thing that's important, if you want something to not have a benghazi like debacle you have to fund embassy security. i would never describe hillary as cautious. she was the most traveled first lady in history. even surpassing nixon's wife and i think she is hardly cautious. >> i actually think she does take less of a risky approach and did during her term as secretary of state than john kerry. i think that more cautious approach does typify her approach in politics. if we want to look at this
they only care with foreign policy as it connects to the economy. if anything, her time at state will benefit her. if you can picture her on the debate stage with chris christie, who doesn't have any foreign policy experience. if you look at it that way, i think it only benefits her. i think benghazi is not going to define her legacy long term. >> speaking of benghazi, there's something we need to compare, the two secretaries of state that preceded her, you find they had several ben...
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Dec 9, 2013
12/13
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the last five to ten years the farm economy has changed and gotten much, much stronger. we have a growing population in the world. we have much greater demand for farm products and prices are much higher. not that every farmer is doing great. at the same time we have more and more people who need public assistance programs. we have nearly 50 million americans on them. most of those people are families with small children who really don't want to be on the program. but in days past you would have both th in bad shape or both in good shape. today the farm bill is in much better shape and that changes the dynamics in terms of how they're supported. >> we'll continue our conversation regarding congress. when we come back we'll hear more about the state of a fun grand bargain and curving down the trend of expenditures in this country. this is inside story. power of the people until we restore our >> welcome back to inside story. i'm ray suarez. josh, in good times and bad, in stranges of this debate has been widespread agreement that spending more money than you collect every
the last five to ten years the farm economy has changed and gotten much, much stronger. we have a growing population in the world. we have much greater demand for farm products and prices are much higher. not that every farmer is doing great. at the same time we have more and more people who need public assistance programs. we have nearly 50 million americans on them. most of those people are families with small children who really don't want to be on the program. but in days past you would...
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Dec 5, 2013
12/13
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blame it on a new bach of positive reports on jobs, housing and the upbeat survey on the economy. the take away for investors, the fed will taper back stimulus plans and that might not be good for the markets. all this comes just two days before the release of the monthly jobs report. a key data point for central bank policy makers. it's no wonder stock averages between gains and losses and finally ending mostly in the red for the day. the dow lost 25 but down as much as 125 earlier in the day and the nasdaq edged up a fraction and s&p fell two points. the same concerns about the fed's next move sent the yield on the benchmark treasury note above 2.8%, the highest since september. >> how does the federal reserve see the economy right now as it prepares for the next policy meeting next month? steve liesman looks at the beige book survey and what that, along with this friday's november jobs report, could mean for the future of its stimulus program. >> reporter: some strong employment data today raising prospects for better job growth and less stimulus. adp in a much followed monthly
blame it on a new bach of positive reports on jobs, housing and the upbeat survey on the economy. the take away for investors, the fed will taper back stimulus plans and that might not be good for the markets. all this comes just two days before the release of the monthly jobs report. a key data point for central bank policy makers. it's no wonder stock averages between gains and losses and finally ending mostly in the red for the day. the dow lost 25 but down as much as 125 earlier in the day...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and coider carefully before investing. lou: harry reid giving advice to the republicans, telling the las vegas sun that if they ever want to see a gop president again, they must sign on to immigration reform. good news for amnesty advocate. speaker boehner hiring a high-profile adviser that is well known for helping senator john mccain passed amnesty and speaker boehner telling several business individuals that he will start holding immigration votes after the deadline for the 2014 midterm. so maybe we have a sense of what we can expect. you don't have to tell the chamber of commerce that the speaker is working to enact immigration reform. donohue issued everyone that speaker boehner would do exactly that. we will find out. we are back with monica, matt, and dav
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and coider carefully before investing. lou: harry reid giving advice to the republicans, telling the las vegas sun that if they ever want to see a gop president again, they must sign on to immigration...
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Dec 5, 2013
12/13
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ALJAZAM
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they lose their ability to contribute to the economy. again, all we have to do is look at the mess in europe to see where that path takes us. and what worries me about obama is we are not going to deal with inincome ine quiltty and mobility unless we take the chains of government off of the economy. >> let's take talk about these mixed signs on the disney. consumer confidence is down. but on the other hand, it looks like private sector hiring is up. we have numbers that came out today, fairly positive. on the other hand -- we had home sales going up 25% in october. on the other hand, holiday retail sales have been weak. so, dan, the economy, something or has it really just started to turn around? >> the numbers, it could be a statistical blip, but in general, in general, compared to europe, we are doing okay. we are having two % growth or so averaging out over, you know, several quarters. now, with that being said, we used to have 3% average growth. so we are suffering compared to our normal pattern, and i agree with david, if this was a
they lose their ability to contribute to the economy. again, all we have to do is look at the mess in europe to see where that path takes us. and what worries me about obama is we are not going to deal with inincome ine quiltty and mobility unless we take the chains of government off of the economy. >> let's take talk about these mixed signs on the disney. consumer confidence is down. but on the other hand, it looks like private sector hiring is up. we have numbers that came out today,...
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Dec 3, 2013
12/13
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ALJAZAM
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now to the economy. a record day for online shop okay this cyber monday, some 131 million americans hit the web for deals. the return, impressive sales topping $2,000,000,000. >> that's encouraging news given the overall holiday sales declined. retail analyst david strausser told ali velshi's re"real money holiday discounts are likely to get bigger in the coming weeks. >> the history of the weekend is it's not always a great indicator of what will happen the rest of the season. this year is different. we are pretty laid in. it's a late thanksgiving, six fewer days between thanksgiving and christmas. there will be a lot of discounting going on. there is a lot of inventory that will get pushed out between now and christmas. >> what does this mean for the country's overall recovery? joining us to talk about cyber monday and its impact on the economy is financial expert phil wahba. >> thank you. >> what do you make of this? anything we can draw from these numbers? >> well, i think consistent with what we saw
now to the economy. a record day for online shop okay this cyber monday, some 131 million americans hit the web for deals. the return, impressive sales topping $2,000,000,000. >> that's encouraging news given the overall holiday sales declined. retail analyst david strausser told ali velshi's re"real money holiday discounts are likely to get bigger in the coming weeks. >> the history of the weekend is it's not always a great indicator of what will happen the rest of the season....
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Dec 10, 2013
12/13
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the economy is not good. it may be better than it was a year ago, but it's not good. unemployment is very high. the ability -- there are three applicants for every job. making people more desperate to get jobs, even if it meant that someone was so desperate that he got a job he wouldn't otherwise would have gotten, if you're not increasing the number of jobs, that simply means you're throwing someone else out of work. >> right. congressman jerry nadler, who's been fighting these battles for a while now, thank you so much for joining me. appreciate it. >> thank you. >> joining me now, heda bruche with the washington center for equitable growth, housed at the center for american progress, a progressive think tank. heather, can we start basic here? what is unemployment insurance and why do we have it? >> thanks for asking, chris. that's a great question. unemployment insurance are benefits there when somebody loses their job through no fault of their own. it's benefits that are supposed to help them make ends meet while they search for a new job, and critically, these be
the economy is not good. it may be better than it was a year ago, but it's not good. unemployment is very high. the ability -- there are three applicants for every job. making people more desperate to get jobs, even if it meant that someone was so desperate that he got a job he wouldn't otherwise would have gotten, if you're not increasing the number of jobs, that simply means you're throwing someone else out of work. >> right. congressman jerry nadler, who's been fighting these battles...
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in europe, the economy was slowing down. we had to compensate. generally the team really fights when those things happens to try to compensate for the macro. >> how do you compensate? >> be more aggressive and getting more merchants and doing more promotions. when we have macro events, they try to compensate. >> it is hard to see anything at a macro level. what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right? look at the holiday shopping, it was pushed late. other than that, i think things are looking better and better. >> you have done so many acquisitions and have launched many products as well. john donahoe was excitedly showing this beacon. how do you describe it? >> we want to change how people shop. people love shopping, but they hate paying. >> and it is not just because they are cheap? >> no. everyone is like that. we want to remove that friction and make it completely invisible to pay. with beacon, we did that. you can go into a coffee shop like he did earlier today and then your
in europe, the economy was slowing down. we had to compensate. generally the team really fights when those things happens to try to compensate for the macro. >> how do you compensate? >> be more aggressive and getting more merchants and doing more promotions. when we have macro events, they try to compensate. >> it is hard to see anything at a macro level. what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right?...